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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000950103-06-001230.txt : 20060509
<SEC-HEADER>0000950103-06-001230.hdr.sgml : 20060509
<ACCEPTANCE-DATETIME>20060508181026
ACCESSION NUMBER:		0000950103-06-001230
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20060509
FILED AS OF DATE:		20060509
DATE AS OF CHANGE:		20060508

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Himax Technologies, Inc.
		CENTRAL INDEX KEY:			0001342338
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-51847
		FILM NUMBER:		06818066

	BUSINESS ADDRESS:	
		STREET 1:		10TH FLOOR, NO. 605, CHUNGSHAN ROAD
		STREET 2:		HSINHUA, TAINAN COUNTY 712
		CITY:			TAIWAN
		STATE:			F5
		ZIP:			-
		BUSINESS PHONE:		866 (6) 505-0880

	MAIL ADDRESS:	
		STREET 1:		10TH FLOOR, NO. 605, CHUNGSHAN ROAD
		STREET 2:		HSINHUA, TAINAN COUNTY 712
		CITY:			TAIWAN
		STATE:			F5
		ZIP:			-
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>dp02578_6k.htm
<TEXT>
<HTML>
<HEAD>
   <TITLE></TITLE>
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<BODY bgcolor="#ffffff">
<HR align="center" width="100%" size="4" noshade color="#000000" style="margin-top: -2px">
<HR align="center" width="100%" size="1" noshade color="#000000" style="margin-top: -10px">
<P align="center">
  <STRONG><FONT SIZE="2" FACE="Times New Roman, Times, serif"><FONT size="3">FORM 6-K<br>
  </FONT></FONT><FONT size=3 face="Times New Roman, Times, serif">SECURITIES
    AND EXCHANGE COMMISSION<BR>
  Washington, D.C. 20549</FONT></STRONG></P>
<P align="center">
  <STRONG><FONT size=3 face="Times New Roman, Times, serif">Report of Foreign Issuer<BR>
  <br>
  </FONT></STRONG>  <STRONG><FONT size=3 face="Times New Roman, Times, serif">Pursuant to Rule
  13a-16 or 15d-16<br>
  of the Securities Exchange Act of 1934<br>
  <br>
  </FONT></STRONG>
  <FONT size=2 face="Times New Roman, Times, serif">For the month of May, 2006</FONT></P>
<P align="center"><FONT size=2 face="Times New Roman, Times, serif">Commission File Number: 000-51847</FONT></P>
<P align="center"><FONT SIZE="2" FACE="Times New Roman, Times, serif"><B><FONT size="4">Himax Technologies, Inc.</FONT></B><BR>
(Exact name of registrant as specified in its charter) </FONT></P>
<P align="center"><FONT SIZE="2" FACE="Times New Roman, Times, serif">  <STRONG>
10<sup>th</sup> Floor, No. 605, Chungshan Road<br>
Hsinhua, Tainan County 712<br>
Taiwan, Republic of China
</STRONG><BR>
  (Address of principal executive offices)<BR>
</FONT></P>
<blockquote>
    <blockquote>
      <p><font size="2" face="Times New Roman, Times, serif">Indicate by check
          mark whether the registrant files or will file annual reports under
          cover of Form 20-F or Form 40-F:</font></p>
  </blockquote>
  <div align=center>
    <table width="50%" border=0 cellpadding=0 cellspacing=0>
      <tr align="center">
        <td width="25%" align="right" valign="top"><font size="2" face="Times New Roman, Times, serif">Form
            20-F <u>&nbsp;&nbsp;X&nbsp;&nbsp;</u> </font>
        <td width="50%" align="left" valign="top">
        <td width="25%" align="left" valign="top"><font size="2" face="Times New Roman, Times, serif">Form
            40-F <u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></font>      </tr>
    </table>
  </div>
  <blockquote>
    <p><font size="2" face="Times New Roman, Times, serif">
 Indicate by check mark if the registrant is submitting the Form 6-K in paper
 as permitted by Regulation S-T Rule 101(b)(1):

</font></p>
  </blockquote>
  <div align=center>
    <table width="50%" border=0 cellpadding=0 cellspacing=0>
      <tr align="center">
        <td width="25%" align="right" valign="top"><font size="2" face="Times New Roman, Times, serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yes <u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></font>
        <td width="50%" align="left" valign="top">
        <td width="25%" align="left" valign="top"><font size="2" face="Times New Roman, Times, serif">No <u>&nbsp;&nbsp;X&nbsp;&nbsp;</u></font>      </tr>
    </table>
    <blockquote>
      <p align="left"><font size="2" face="Times New Roman, Times, serif">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): </font></p>
      <table width="50%" border=0 cellpadding=0 cellspacing=0>
        <tr align="center">
          <td width="25%" align="right" valign="top"><font size="2" face="Times New Roman, Times, serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yes <u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></font>
          <td width="50%" align="left" valign="top">
          <td width="25%" align="left" valign="top"><font size="2" face="Times New Roman, Times, serif">No <u>&nbsp;&nbsp;X&nbsp;&nbsp;</u></font>
        </tr>
      </table>
      <p align="left"><font size="2" face="Times New Roman, Times, serif">Indicate by check mark whether by furnishing the information contained in this Form, the Registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:</font></p>
      <table width="50%" border=0 cellpadding=0 cellspacing=0>
        <tr align="center">
          <td width="25%" align="right" valign="top"><font size="2" face="Times New Roman, Times, serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yes <u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></font>
          <td width="50%" align="left" valign="top">
          <td width="25%" align="left" valign="top"><font size="2" face="Times New Roman, Times, serif">No <u>&nbsp;&nbsp;X&nbsp;&nbsp;</u></font>
        </tr>
      </table>
      <p align="left"><font size="2" face="Times New Roman, Times, serif">If &#147;Yes&#148; is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):  <U>&nbsp;N/A&nbsp;</U></font></p>
    </blockquote>
  </div>
</blockquote>
<hr align="center" width="100%" size="1" noshade color="#000000" style="margin-top: -2px">
<hr align="center" width="100%" size="4" noshade color="#000000" style="margin-top: -10px">
<br>
<br>
<p style="page-break-before:always"></p>
<PAGE>
<br>
<br>
<TABLE WIDTH="95%" border=0 cellpadding=0 cellspacing=0>
  <TR>
    <TD width=5%> </TD>
    <TD width=2%> </TD>
    <TD width=79%> </TD>
    <TD width=2%> </TD>
    <TD width=10%> </TD>
  </TR>
  <TR valign="bottom">
    <TD nowrap colspan=1 align=left>&nbsp; </TD>
    <TD>&nbsp; </TD>
    <TD nowrap colspan=1 align=CENTER> <font size="2">Himax Technologies, Inc.</font></TD>
    <TD>&nbsp; </TD>
    <TD nowrap colspan=1 align=left>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD nowrap colspan=1 align=left>&nbsp; </TD>
    <TD>&nbsp; </TD>
    <TD nowrap colspan=1 align=CENTER> <FONT SIZE="2" face="TimesNewRomanPSMT,Times New Roman,Times,serif">INDEX
        TO EXHIBITS</FONT></TD>
    <TD>&nbsp; </TD>
    <TD nowrap colspan=1 align=left>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD colspan=1 align=CENTER nowrap><B><u><FONT size="2" face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Exhibit</FONT></u></B></TD>
    <TD><FONT SIZE="1">&nbsp;</FONT> <FONT SIZE="1">&nbsp;</FONT> <FONT SIZE="1">&nbsp;</FONT> </TD>
    <TD colspan=1 align=left nowrap><FONT SIZE="1">&nbsp;</FONT> <FONT SIZE="1">&nbsp;</FONT> <FONT SIZE="1">&nbsp;</FONT> </TD>
    <TD><FONT SIZE="1">&nbsp;</FONT> <FONT SIZE="1">&nbsp;</FONT> <FONT SIZE="1">&nbsp;</FONT> </TD>
    <TD colspan=1 align=center nowrap>&nbsp;</TD>
  </TR>
  <TR>
    <TD colspan=5>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD colspan=1 align=CENTER VALIGN="TOP"><FONT size="2" face="TimesNewRomanPSMT,Times New Roman,Times,serif">99.1</FONT> </TD>
    <TD>&nbsp;   </TD>
    <TD colspan=3 align=left VALIGN="TOP"><font face="Times New Roman, Times, Serif"><font size="2">Press
          release entitled, &#147;HIMAX REPORTS FIRST QUARTER 2006 RESULTS&#148; dated
          May 8, 2006.</font></font></TD>
  </TR></TABLE>
<div align="center"><br>
    <BR>


    <font size="2">2</font><BR>
  <br>
</div>
<hr size=3 color=GRAY noshade>
<p style="page-break-before:always"></p>
<PAGE>
<br>

<div align="center"><FONT FACE="Times New Roman, Times, serif"><br>
</FONT><FONT SIZE="2" face="TimesNewRomanPSMT,Times New Roman,Times,serif"><strong>SIGNATURES</strong></FONT></div>
<P align="left"> <FONT SIZE="2" face="TimesNewRomanPSMT,Times New Roman,Times,serif"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</FONT></P>
<div align=right>
  <TABLE WIDTH="40%" border=0 cellpadding=0 cellspacing=0>
    <TR>
      <TD width=11%> </TD>
      <TD width=3%> </TD>
      <TD width=86%> </TD>
    </TR>
    <TR ALIGN="LEFT" valign="bottom">
      <TD nowrap colspan=3> <FONT SIZE="2" face="TimesNewRomanPSMT,Times New Roman,Times,serif">HIMAX TECHNOLOGIES, INC.</FONT></TD>
    </TR>
    <TR>
      <TD colspan=3>&nbsp; </TD>
    </TR>
    <TR valign="bottom">
      <TD nowrap align=left> <FONT SIZE="2" face="TimesNewRomanPSMT,Times New Roman,Times,serif">By:</FONT><FONT SIZE="2">&nbsp;</FONT></TD>
      <TD nowrap align=left>&nbsp;</TD>
      <TD nowrap align=left><FONT SIZE="2" face="Times New Roman, Times, serif">/s/
               Max Chan</FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD nowrap colspan=1 align=left>&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD nowrap colspan=1 align=left><hr align="left" width="60%" size=1 noshade>
      </TD>
    </TR>
    <TR valign="bottom">
      <TD nowrap colspan=1 align=left> <FONT SIZE="2" face="TimesNewRomanPSMT,Times New Roman,Times,serif">Name:</FONT></TD>
      <TD>&nbsp; </TD>
      <TD nowrap colspan=1 align=left> <FONT SIZE="2" face="Times New Roman, Times, serif">Max Chan</FONT><FONT SIZE="2">&nbsp;</FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD nowrap colspan=1 align=left> <FONT SIZE="2" face="TimesNewRomanPSMT,Times New Roman,Times,serif">Title:</FONT></TD>
      <TD>&nbsp; </TD>
      <TD nowrap colspan=1 align=left> <FONT SIZE="2" face="Times New Roman, Times, serif">Chief Financial Officer</FONT></TD>
    </TR>
  </TABLE>
</DIV>
<BR>

<P align="left"> <FONT SIZE="2" face="Times New Roman, Times, serif">Date: May 1, 2006</FONT></P>
<div align="center"><font size="2" face="Times New Roman, Times, serif">3</font><br>
</div>
<br>
<br>
<hr size=3 color=GRAY noshade>
<p style="page-break-before:always"></p>
<PAGE>
<br>
<div align="right"><B><FONT size=2 face="sans-serif">Exhibit 99.1</FONT></B></div>
<P align="center">
<B><FONT size="2" face="sans-serif" BASEFACE="sans-serif"><img src="logo.jpg"><br>
<br>
HIMAX REPORTS FIRST QUARTER 2006 RESULTS</FONT></B></P>
<ul>
  <ul>
    <ul>
      <ul type=disc>
        <li><FONT size=2 face="sans-serif" BASESIZE=2 BASEFACE="sans-serif" align="left">First quarter 2006 net revenue increased to &#36;174.9 million, 81% year-over-year growth</FONT></li>
        <li><FONT size=2 face="sans-serif" BASESIZE=2 BASEFACE="sans-serif" align="center">First quarter 2006 net income increased to &#36;21.9 million, 117% year-over-year growth; diluted EPS of &#36;0.12 represents 115%
                  year-over-year growth</FONT></li>
      </ul>
    </ul>
  </ul>
</ul>
<P align="left">
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Tainan, Taiwan, May 9, 2006 </FONT></B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">- Himax Technologies, Inc. (the Company) (Nasdaq: HIMX) today reported
financial results for the first quarter ended March 31, 2006.</FONT></P>
<P align="left">
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Net revenue for the first quarter of 2006 was &#36;174.9 million, an 81% increase as compared to &#36;96.4 million for the first quarter of 2005, and a 1% decrease as compared to
&#36;177.3 million in the fourth quarter of 2005. Net income for the first quarter of 2006 was &#36;21.9 million, or &#36;0.12 per diluted share, representing a 117% increase compared to net income of &#36;10.1 million, or &#36;0.06 per diluted
share in the first quarter of 2005, and a 29% increase compared to &#36;17.0 million, or &#36;0.09 per diluted share in the fourth quarter of 2005. Share-based compensation was &#36;1.1 million, &#36;1.5 million and &#36;4.1 million in the first
quarter of 2006, the first quarter of 2005 and the fourth quarter of 2005, respectively. </FONT></P>
<P align="left">
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Gross margin in the first quarter of 2006 was 21.5%, as compared to 22.2% in the first quarter of 2005, and 21.2% in the fourth quarter of 2005. Operating margin was 13.5% in the first
quarter of 2006, as compared to 11.6% in the first quarter of 2005, and 10.8% in the fourth quarter of 2005. </FONT></P>
<P align="left">
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Excluding share-based compensation, gross margin in the first quarter of 2006 was 21.5%, as compared to 22.2% in the first quarter of 2005, and 21.3% in the fourth quarter of 2005, with
an operating margin of 14.1%, 13.2%, and 13.1% respectively.</FONT></P>
<P align="left">
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Jordan Wu, President and Chief Executive Officer of Himax, commented, &#147;We are pleased with the first quarter&#146;s results given our continued business momentum and record
earnings.  Overall display driver revenue continued to grow across large panel applications and small-and-medium-sized applications.  In large panel applications, display drivers for TV panels delivered strong growth, offsetting seasonally weak
demand in the monitor segment. In small-and medium-sized based applications, shipments of display drivers for both mobile and consumer electronics applications increased from the previous quarter, but we experienced significant ASP erosion,
primarily due to the product mix changing towards the lower price, lower resolution segment, including LTPS display drivers.&#148; </FONT></P>
<P align="left">
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Max Chan, Chief Financial Officer of Himax, said, &#147;Our operating income for the first quarter increased 111% to &#36;23.6 million from &#36;11.2 million for the same period a year
ago and increased 23% compared to &#36;19.1 million in the fourth quarter 2005. The company was operating cash flow positive in the first quarter. We are also now debt-free, having raised approximately &#36;147 million in our IPO on March 31, after
deducting underwriting discounts and commissions and estimated offering expenses. We will continue to execute our growth plan while working to increase shareholder value.&#148;</FONT></P>

<br>
<br>
<hr size=3 color=GRAY noshade>
<p style="page-break-before:always"></p>
<PAGE>
<br>
<br>

<P align="left">
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Looking forward, Mr. Wu added, &#147;We expect the business environment in the second quarter of 2006 to be similar to that of the first quarter of 2006 as large panel display driver
shipments will be impacted by the increased inventory levels of large panel manufacturers.  While PC-related demand should improve sequentially, revenues from display drivers for TVs are expected to decline. Revenues from third-party customers are
expected to grow as a result of fab production ramp-up&#146;s and increased sourcing from Himax, offsetting an inventory-related decline in revenues from related parties. We forecast unit shipments of small and medium-sized display drivers will
increase while average selling prices will continue to decline. Specifically, we expect net revenue in the second quarter of 2006 will be in the range of low single digit growth to a low single digit decline sequentially, which will result in a more
than 50% year-on-year growth. We expect diluted GAAP earnings per ADS to be in the range of &#36;0.10 to &#36;0.11, which reflects approximately &#36;1 million of share-based compensation, and is based on approximately 197.5 million diluted
weighted-average outstanding shares used in the calculation. Based on typical seasonal patterns in the panel industry and indications from our customers, we expect shipments and revenues to increase significantly in the second half of 2006. We also
expect to continue to increase our share of the large panel and small and medium-sized display driver markets.&#148;</FONT></P>
<P align="left">
<B><FONT size="2" face="sans-serif" BASEFACE="sans-serif">Investor Conference Call / Webcast Details<br>
</FONT></B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">The
Company&#146;s management will review detailed first quarter 2006 results on Monday, May 8, 2006 at 7:00 PM EST (7:00 AM, May 9, Taiwan time). The conference call-in number is
201-689-8562. A live webcast of the conference call will be available at the Company&#146;s
website at www.himax.com.tw. The playback will be available beginning two hours
after the conclusion of the conference call and will be accessible by dialing
201-612-7415. The account number to access the replay is 3055 and the confirmation
ID number is 200644.</FONT></P>
<P align="left">
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">About Himax Technologies, Inc. <br>
</FONT></B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Himax
Technologies, Inc. designs, develops and markets semiconductors that are critical
components of flat panel displays. The Company&#146;s principal products are
display drivers for large-sized TFT-LCD panels, which are used in desktop monitors,
notebook computers and televisions, and display drivers for small- and medium-sized
TFT-LCD panels, which are used in mobile handsets and consumer electronics products
such as digital cameras, mobile gaming devices and car navigation displays. In
addition, the Company is expanding its product offering to include LCD TV chipset
solutions and LCOS microdisplays. Based in Tainan, Taiwan, the Company has regional
offices in Hsinchu and Taipei, Taiwan; Suzhou and Shenzhen, China; Yokohama,
Japan and Anyangsi Kyungkido, South Korea.</FONT></P>
<TABLE border=0 width=95% cellspacing=0 cellpadding=0>
<TR valign="bottom">
	<TD width=32% align=left>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Contacts:</FONT></B>
	</TD>
	<TD width=4%>&nbsp;
	</TD>
	<TD width=30% align=left>&nbsp;

	</TD>
	<TD width=4%>&nbsp;
	</TD>
	<TD width=30% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=32% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Max Chan</FONT>
	</TD>
	<TD width=4%>&nbsp;
	</TD>
	<TD width=30% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Jackson Ko</FONT>
	</TD>
	<TD width=4%>&nbsp;
	</TD>
	<TD width=30% align=left>
<U><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">In the U.S.</FONT></U>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=32% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Chief Financial Officer</FONT>
	</TD>
	<TD width=4%>&nbsp;
	</TD>
	<TD width=30% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Investor Relations</FONT>
	</TD>
	<TD width=4%>&nbsp;
	</TD>
	<TD width=30% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">David Pasquale</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=32% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Himax Technologies, Inc.</FONT>
	</TD>
	<TD width=4%>&nbsp;
	</TD>
	<TD width=30% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Himax Technologies, Inc.</FONT>
	</TD>
	<TD width=4%>&nbsp;
	</TD>
	<TD width=30% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">The Ruth Group</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=32% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">+886-2-3393-0877 Ext. 22300</FONT>
	</TD>
	<TD width=4%>&nbsp;
	</TD>
	<TD width=30% align=left>
 <FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">+</FONT><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">886-2-3393-0877 Ext. 22240</FONT>
	</TD>
	<TD width=4%>&nbsp;
	</TD>
	<TD width=30% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">646-536-7006</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=32% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">max_chan@himax.com.tw</FONT>
	</TD>
	<TD width=4%>&nbsp;
	</TD>
	<TD width=30% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">jackson_ko@himax.com.tw</FONT>
	</TD>
	<TD width=4%>&nbsp;
	</TD>
	<TD width=30% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">dpasquale@theruthgroup.com</FONT>
	</TD>
</TR>
</TABLE>
<BR>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Forward-Looking
Statements:<br>
</FONT></B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Certain
statements in this press release, including statements regarding expected future
financial results and industry growth, are forward-looking statements that involve
a number of risks and uncertainties that could cause actual events or results
to differ materially from those described in this press release. Factors that
could cause actual results to differ include general business and economic conditions
and the state of the semiconductor industry; level of competition; demand for
end-use applications products; reliance on a small group of principal customers;
continued success in technological innovations; development of alternative flat
panel display technologies; ability to develop and protect our intellectual property;
pricing pressures including declines in average selling prices; changes in customer
order patterns; shortages in supply of key components; changes in environmental
laws and regulations; exchange rate fluctuations; regulatory approvals for further
investments in our subsidiaries; and other risks described from time to time
in the Company&#146;s SEC filings, including its Form F-1 dated March 13, 2006,
as amended. We undertake no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events, or otherwise.</FONT>
<P align="center">
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#150; Tables Attached &#150;</FONT></B></P>

<br>
<br>
<hr size=3 color=GRAY noshade>
<p style="page-break-before:always"></p>
<PAGE>
<br>
<br>

<P align="center">
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Himax Technologies, Inc.<br>
</FONT></B><B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Unaudited Condensed Consolidated Statements of Income</FONT></B></P>
<P align="center">
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">(These interim
financials do not fully comply with US GAAP because they omit the statement<br>
of
cash flows and all interim disclosure required by US GAAP.)<br>
(Figures in Thousands
of  U.S. Dollars, Except Per Share Data)</FONT></B></P>
<TABLE border=0 width=95% cellspacing=0 cellpadding=0>
<TR valign="bottom">
    <TD width="71%" rowspan="3" align=left>&nbsp;</TD>
    <TD rowspan="3">&nbsp;</TD>
    <TD rowspan="3" align=center GUTTER>&nbsp;</TD>
    <TD colspan="5" align=center> <B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Three
          Months <br>
    Ended Mar 31,</FONT></B> </TD>
    <TD rowspan="3" align=center GUTTER>&nbsp;</TD>
    <TD width="2%" rowspan="3" align="center">&nbsp;</TD>
    <TD rowspan="3" align=center GUTTER>&nbsp;</TD>
    <TD rowspan="3" align=center nowrap> <B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Three<br>
    Months<br>
    Ended<br>
    Dec 31,<br>
    2005</FONT></B> </TD>
    <TD rowspan="3" align=center GUTTER>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD colspan="5" align=center><HR noshade size=1></TD>
  </TR>
<TR valign="bottom">
  <TD align=center><b><font basesize=2 size=2 baseface="sans-serif" face="sans-serif">2006</font></b></TD>
  <TD align=center GUTTER>&nbsp;</TD>
  <TD width="2%" align="center">&nbsp;</TD>
  <TD align=center GUTTER>&nbsp;</TD>
  <TD align=center><b><font basesize=2 size=2 baseface="sans-serif" face="sans-serif">2005</font></b></TD>
</TR>
<TR>
  <TD> </TD>
  <TD> </TD>
  <TD GUTTER>
    <HR noshade size=1>
  </TD>
  <TD>
    <HR noshade size=1>
  </TD>
  <TD GUTTER>
    <HR noshade size=1>
  </TD>
  <TD> </TD>
  <TD GUTTER>
    <HR noshade size=1>
  </TD>
  <TD>
    <HR noshade size=1>
  </TD>
  <TD GUTTER>
    <HR noshade size=1>
  </TD>
  <TD> </TD>
  <TD GUTTER>
    <HR noshade size=1>
  </TD>
  <TD>
    <HR noshade size=1>
  </TD>
  <TD GUTTER>
    <HR noshade size=1>
  </TD>
</TR>
<TR valign="bottom">
	<TD width=71% align=left>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Revenues</FONT></B>
	</TD>
	<TD width=1%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=71% align=left>
 &nbsp; &nbsp;<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Revenues from third parties, net</FONT>
	</TD>
	<TD width=1%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT>
	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">65,427</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT>
	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">30,251</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT>
	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">78,696</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=71% align=left>
 &nbsp; &nbsp;<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Revenues from related parties, net</FONT>
	</TD>
	<TD width=1%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">109,432</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">66,166</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">98,638</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
</TR>
<TR>
	<TD width="71%">
	</TD>
	<TD width="1%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=71% align=left>&nbsp;

	</TD>
	<TD width=1%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">174,859</FONT></B>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">96,417</FONT></B>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">177,334</FONT></B>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
</TR>
<TR>
	<TD width="71%">
	</TD>
	<TD width="1%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=71% align=left>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Costs and expenses:</FONT></B>
	</TD>
	<TD width=1%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=71% align=left>
 &nbsp; &nbsp;<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Cost of revenues</FONT>
	</TD>
	<TD width=1%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">137,298</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">75,027</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">139,664</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=71% align=left>
 &nbsp; &nbsp;<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Research and development</FONT>
	</TD>
	<TD width=1%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">10,902</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">8,191</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">13,957</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=71% align=left>
 &nbsp; &nbsp;<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">General and administrative</FONT>
	</TD>
	<TD width=1%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">2,058</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">1,187</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">2,556</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=71% align=left>
 &nbsp; &nbsp;<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Sales and marketing</FONT>
	</TD>
	<TD width=1%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">1,007</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">818</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">2,018</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
</TR>
<TR>
	<TD width="71%">
	</TD>
	<TD width="1%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=71% align=left>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Total costs and expenses</FONT></B>
	</TD>
	<TD width=1%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">151,265</FONT></B>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">85,223</FONT></B>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">158,195</FONT></B>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
</TR>
<TR>
	<TD width="71%">
	</TD>
	<TD width="1%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=71% align=left>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Operating income</FONT></B>
	</TD>
	<TD width=1%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">23,594</FONT></B>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">11,194</FONT></B>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">19,139</FONT></B>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
</TR>
<TR>
	<TD width="71%">
	</TD>
	<TD width="1%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=71% align=left>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Non operating income (loss):</FONT></B>
	</TD>
	<TD width=1%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=71% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Interest income</FONT>
	</TD>
	<TD width=1%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">205</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">2</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">323</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=71% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Other than temporary impairment loss on investments</FONT>
	</TD>
	<TD width=1%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=71% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">in non-marketable securities</FONT>
	</TD>
	<TD width=1%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">---</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">---</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">(129</FONT>
	</TD>
	<TD GUTTER width=1% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">)</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=71% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Foreign exchange gains (losses), net</FONT>
	</TD>
	<TD width=1%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">(232</FONT>
	</TD>
	<TD GUTTER width=1% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">)</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">(192</FONT>
	</TD>
	<TD GUTTER width=1% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">)</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">135</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=71% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Interest expense</FONT>
	</TD>
	<TD width=1%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">(284</FONT>
	</TD>
	<TD GUTTER width=1% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">)</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">(7</FONT>
	</TD>
	<TD GUTTER width=1% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">)</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">(114</FONT>
	</TD>
	<TD GUTTER width=1% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">)</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=71% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Other income (loss), net</FONT>
	</TD>
	<TD width=1%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">55</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">44</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">(92</FONT>
	</TD>
	<TD GUTTER width=1% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">)</FONT>
	</TD>
</TR>
<TR>
	<TD width="71%">
	</TD>
	<TD width="1%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=71% align=left>&nbsp;

	</TD>
	<TD width=1%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">(256</FONT>
	</TD>
	<TD GUTTER width=1% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">)</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">(153</FONT>
	</TD>
	<TD GUTTER width=1% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">)</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">123</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
</TR>
<TR>
	<TD width="71%">
	</TD>
	<TD width="1%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=71% align=left>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Income before income taxes and minority interest</FONT></B>
	</TD>
	<TD width=1%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">23,338</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">11,041</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">19,262</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=71% align=left>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Income tax expense</FONT></B>
	</TD>
	<TD width=1%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">1,491</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">961</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">2,313</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
</TR>
<TR>
	<TD width="71%">
	</TD>
	<TD width="1%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=71% align=left>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Income before minority interest</FONT></B>
	</TD>
	<TD width=1%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">21,847</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">10,080</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">16,949</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=71% align=left>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Minority interest, net of tax</FONT></B>
	</TD>
	<TD width=1%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">92</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">53</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">31</FONT>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
</TR>
<TR>
	<TD width="71%">
	</TD>
	<TD width="1%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=71% align=left>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Net income</FONT></B>
	</TD>
	<TD width=1%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT></B>
	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">21,939</FONT></B>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT></B>
	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">10,133</FONT></B>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT></B>
	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">16,980</FONT></B>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
</TR>
<TR>
  <TD> </TD>
  <TD> </TD>
  <TD GUTTER>
    <HR noshade size=2>
  </TD>
  <TD>
    <HR noshade size=2>
  </TD>
  <TD GUTTER>
    <HR noshade size=2>
  </TD>
  <TD> </TD>
  <TD GUTTER>
    <HR noshade size=2>
  </TD>
  <TD>
    <HR noshade size=2>
  </TD>
  <TD GUTTER>
    <HR noshade size=2>
  </TD>
  <TD> </TD>
  <TD GUTTER>
    <HR noshade size=2>
  </TD>
  <TD>
    <HR noshade size=2>
  </TD>
  <TD GUTTER>
    <HR noshade size=2>
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD GUTTER align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD GUTTER align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD GUTTER align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD GUTTER align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD GUTTER align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD GUTTER align=left>&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD width=71% align=left>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Basic earnings per ordinary share and ADS</FONT></B>
	</TD>
	<TD width=1%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT></B>
	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">0.12</FONT></B>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT></B>
	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">0.06</FONT></B>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT></B>
	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">0.10</FONT></B>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
</TR>
<TR>
	<TD width="71%">
	</TD>
	<TD width="1%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=2>
	</TD>
	<TD width="6%">
<HR noshade size=2>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=2>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=2>
	</TD>
	<TD width="6%">
<HR noshade size=2>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=2>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=2>
	</TD>
	<TD width="6%">
<HR noshade size=2>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=2>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=71% align=left>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Diluted earnings per ordinary share and ADS</FONT></B>
	</TD>
	<TD width=1%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT></B>
	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">0.12</FONT></B>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT></B>
	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">0.06</FONT></B>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT></B>
	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">0.09</FONT></B>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
</TR>
<TR>
	<TD width="71%">
	</TD>
	<TD width="1%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=2>
	</TD>
	<TD width="6%">
<HR noshade size=2>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=2>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=2>
	</TD>
	<TD width="6%">
<HR noshade size=2>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=2>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=2>
	</TD>
	<TD width="6%">
<HR noshade size=2>
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=2>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=71% align=left>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Basic Weighted Average Outstanding Shares</FONT></B>
	</TD>
	<TD width=1%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">177,395</FONT></B>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">175,660</FONT></B>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">176,854</FONT></B>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=71% align=left>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Diluted Weighted Average Outstanding Shares</FONT></B>
	</TD>
	<TD width=1%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">181,091</FONT></B>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">180,124</FONT></B>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">180,707</FONT></B>
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
</TR>
</TABLE>
<BR>

<br>
<br>
<hr size=3 color=GRAY noshade>
<p style="page-break-before:always"></p>
<PAGE>
<br>
<br>

<P align="center">
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Himax Technologies, Inc.<br>
</FONT></B><B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Supplemental
Financial Information (Unaudited)<br>
(Figures in Thousands of U.S. Dollars)</FONT></B></P>
<TABLE border=0 width=95% cellspacing=0 cellpadding=0>
<TR valign="bottom">
  <TD width=73% rowspan="3" align=left><B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">The
        amount of share-based compensation<br>
  included
        in applicable costs and expenses<br>
  categories
        is summarized as follows:</FONT></B></TD>
  <TD>&nbsp;</TD>
  <TD colspan="5" align=center GUTTER><B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Three
        Months <br>
Ended Mar 31,</FONT></B></TD>
  <TD>&nbsp;</TD>
  <TD GUTTER align=left>&nbsp;</TD>
  <TD rowspan="3" align=center nowrap> <B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Three<br>
Months<br>
Ended<br>
Dec 31,<br>
2005</FONT></B></TD>
</TR>
<TR valign="bottom">
  <TD>&nbsp;</TD>
  <TD GUTTER align=left><HR noshade size=1></TD>
  <TD align=left><HR noshade size=1></TD>
  <TD><HR noshade size=1></TD>
  <TD GUTTER align=left><HR noshade size=1></TD>
  <TD align=left><HR noshade size=1></TD>
  <TD>&nbsp;</TD>
  <TD GUTTER align=left>&nbsp;</TD>
  </TR>
<TR valign="bottom">
  <TD>&nbsp;</TD>
  <TD GUTTER align=left>&nbsp;</TD>
  <TD align=center><B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">2006</FONT></B></TD>
  <TD align="center">&nbsp;</TD>
  <TD GUTTER align=center>&nbsp;</TD>
  <TD align=center> <B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">2005</FONT></B> </TD>
  <TD align="center">&nbsp;</TD>
  <TD GUTTER align=center>&nbsp;</TD>
  </TR>
<TR>
  <TD><HR noshade size=1> </TD>
  <TD> </TD>
  <TD GUTTER>
    <HR noshade size=1>
  </TD>
  <TD>
    <HR noshade size=1>
  </TD>
  <TD> </TD>
  <TD GUTTER>
    <HR noshade size=1>
  </TD>
  <TD>
    <HR noshade size=1>
  </TD>
  <TD> </TD>
  <TD GUTTER>
    <HR noshade size=1>
  </TD>
  <TD>
    <HR noshade size=1>
  </TD>
</TR>
<TR valign="bottom">
	<TD width=73% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Share-based compensation</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=73% align=left>
 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Cost of revenues</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT>
	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">24</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT>
	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">37</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT>
	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">89</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=73% align=left>
 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Research and development</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">864</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">1,117</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">3,033</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=73% align=left>
 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">General and administrative</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">105</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">164</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">380</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=73% align=left>
 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Sales and marketing</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">145</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">205</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">628</FONT>
	</TD>
</TR>
<TR>
	<TD width="73%">
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=73% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Total</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT>
	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">1,138</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT>
	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">1,523</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT>
	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">4,130</FONT>
	</TD>
</TR>
<TR>
	<TD width="73%">
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=2>
	</TD>
	<TD width="6%">
      <HR noshade size=2>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
      <HR noshade size=2>
	</TD>
	<TD width="6%">
      <HR noshade size=2>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
      <HR noshade size=2>
	</TD>
	<TD width="6%">
      <HR noshade size=2>
	</TD>
</TR>
</TABLE>
<BR>

<br>
<br>
<hr size=3 color=GRAY noshade>
<p style="page-break-before:always"></p>
<PAGE>
<br>
<br>

<P align="center">
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Himax Technologies, Inc.<br>
</FONT></B><B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Unaudited
Condensed Consolidated Balance Sheets<br>
(In thousands of US dollars)</FONT></B></P>
<TABLE border=0 width=95% cellspacing=0 cellpadding=0>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD GUTTER align=left>&nbsp;</TD>
  <TD align=center nowrap> <B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Mar
        31,<br>
2006</FONT></B></TD>
  <TD align="center">&nbsp;</TD>
  <TD GUTTER align=center>&nbsp;</TD>
  <TD align=center nowrap> <B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Dec
        31,<br>
  </FONT></B><B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">2005</FONT></B></TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD GUTTER align=left><HR noshade size=1></TD>
  <TD align=left><HR noshade size=1></TD>
  <TD>&nbsp;</TD>
  <TD GUTTER align=left><HR noshade size=1></TD>
  <TD align=left><HR noshade size=1></TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Assets</FONT></B>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Current assets:</FONT></B>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Cash and cash equivalents</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT>
	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">31,247</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT>
	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">7,086</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Marketable securities available-for-sale</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">3,150</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">3,989</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Restricted cash equivalents and marketable</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">securities</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">14,558</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">14,053</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Accounts receivable, less allowance for sales</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">returns and discounts</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">73,178</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">80,158</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Accounts receivable from related parties</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">71,540</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">69,688</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Inventories</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">99,539</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">105,004</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Deferred income taxes</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">9,645</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">8,965</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Prepaid expenses and other current assets</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">10,328</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">11,113</FONT>
	</TD>
</TR>
<TR>
	<TD width="82%">
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Total current assets</FONT></B>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT></B>
	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">313,185</FONT></B>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT></B>
	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">300,056</FONT></B>
	</TD>
</TR>
<TR>
	<TD width="82%">
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD GUTTER align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD GUTTER align=right>&nbsp;</TD>
  <TD align=right>&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Property and equipment, net</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT>
	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">25,943</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT>
	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">24,426</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Deferred income taxes</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">145</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">151</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Intangible assets, net</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">74</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">81</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Investments in non-marketable securities</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">1,813</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">1,813</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Refundable deposits</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">488</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">712</FONT>
	</TD>
</TR>
<TR>
	<TD width="82%">
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">28,463</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">27,183</FONT>
	</TD>
</TR>
<TR>
	<TD width="82%">
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Total assets</FONT></B>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT></B>
	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">341,648</FONT></B>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT></B>
	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">327,239</FONT></B>
	</TD>
</TR>
<TR>
	<TD width="82%">
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=2>
	</TD>
	<TD width="6%">
<HR noshade size=2>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=2>
	</TD>
	<TD width="6%">
<HR noshade size=2>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Liabilities and stockholders&#146; equity</FONT></B>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Current liabilities:</FONT></B>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Short-term debt</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT>
	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">38,577</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT>
	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">27,274</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Current portion of long-term debt</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">-</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">89</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Accounts payable</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">85,489</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">105,801</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Income tax payable</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">15,915</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">13,625</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Other accrued expenses and other current</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">liabilities</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">12,167</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">13,995</FONT>
	</TD>
</TR>
<TR>
	<TD width="82%">
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Total current liabilities</FONT></B>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT></B>
	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">152,148</FONT></B>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT></B>
	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">160,784</FONT></B>
	</TD>
</TR>
<TR>
	<TD width="82%">
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Minority interest</FONT></B>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT></B>
	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">609</FONT></B>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT></B>
	</TD>
	<TD width=6% align=right>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">624</FONT></B>
	</TD>
</TR>
<TR>
	<TD width="82%">
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Stockholders&#146; equity:</FONT></B>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Ordinary share, US&#36;0.0001 par value,</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=left>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">500,000,000 shares authorized</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">18</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">18</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Additional paid-in capital</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">99,570</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">98,450</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Accumulated other comprehensive income</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">37</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">36</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD width=82% align=left>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">Unappropriated earnings</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">89,266</FONT>
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD GUTTER width=1% align=left>&nbsp;

	</TD>
	<TD width=6% align=right>
<FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">67,327</FONT>
	</TD>
</TR>
<TR>
	<TD width="82%">
	</TD>
	<TD width="2%">
	</TD>
	<TD width="1%" GUTTER>
<HR noshade size=1>
	</TD>
	<TD width="6%">
<HR noshade size=1>
	</TD>
	<TD width="2%">
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<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">&#36;</FONT></B>
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<B><FONT BASESIZE=2 size=2 BASEFACE="sans-serif" face="sans-serif">327,239</FONT></B>
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`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
